Tag Archive: fund manager

Sep 03

What Portfolio turnover is and why it’s costing you dearly

Many investors have not heard of portfolio turnover, but it’s much loved by stockbrokers, fund managers and bankers. Portfolio turnover is the frequency with which assets within a portfolio are bought and sold. Given that it costs you each timeĀ somethingĀ is bought or sold and it has a big impact on your overall return, you should …

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